Sri Lanka is not the first country to face a debt crisis. Several economies have gone through similar hardships, and their recovery paths offer useful lessons on what supports stability, what delays it, and what can go wrong after the initial adjustment phase.We chose Greece because it shares a number of similarities with Sri Lanka. Greece’s crisis emerged in 2009–2010, after years of structural weaknesses had accumulated, fiscal imbalances, weak revenue mobilisation, external vulnerabilities, and low competitiveness. [...]